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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Continental Resources (
CLR) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 0.3%. By the end of trading, Continental Resources rose $1.83 (1.8%) to $102.78 on average volume. Throughout the day, 770,635 shares of Continental Resources exchanged hands as compared to its average daily volume of 1,005,600 shares. The stock ranged in a price between $100.51-$102.95 after having opened the day at $100.90 as compared to the previous trading day's close of $100.95. Other companies within the Basic Materials sector that increased today were:
Tasman Metals (
TAS), up 16.7%,
Kimber Resources (
KBX), up 16.3%,
Kimber Resources (
KBXR), up 16.3% and
Quest Rare Minerals (
QRM), up 14.3%.

Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. Continental Resources has a market cap of $18.9 billion and is part of the energy industry. Shares are up 38.7% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Continental Resources a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates
Continental Resources as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.